DrPrashantVerma

DrPrashantVerma Updated 

Hindustan Aeronaut Limited: CMP : 5200.25 Buy: 5050 - 5250 Next Resistance HAL: 5313-5320 Short term Target 5693 - 5715 zones (2W times) Midterm Targets (30 days): 6016 (Target-1); Stretched target 6381 (target-2) Stop-loss : 5020; Strong support: 4685. ✅For more trading ideas like this, please like, share, and follow my Idea Stream✅

DrPrashantVerma Updated 

Tata motors CMP:953.95; RSI: 42.73; Tata motors, chart is showing signs of fatigue and weakness, is poised to slide into consolidation phase and may retrace- back to a zone of (Rs 840-775). Tata motors is fundamentally strong counter will be a good buy in a zone at 800-850. Sentiment may reverse for a momentarily if script closes above breakout ceiling of 1070 on...

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BHARAT ELECTRONICS; CMP:- 333.10; RSI: 68.65 BEL, script has given a flagpole breakout on 5th July 2024; and consistently holding above it. This months target for the script should be 379-383 as visible on chart. First Resistance Zone: 343-344 Target: 354-379 -383 Stop Loss: 319

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Grasim Industries Ltd., CMP: 2512.40; RSI: 32.34 Grasim Industries, is below 100 DMA & near to its 200 days moving average support placed at 2328. It’s a good time to invest for a swing trade. Accumulation Zone: 2350-2440 Stop Loss: Daily Close below 2310. Swing Target: 2850 – 2990 Time Horizon: 3 Months ✅For more trading ideas like this, please like,...

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HINDUSTAN AERONAUT, CMP: 3872.90; RSI: 59.88, This Defence major has given a decent returns to its investor. The script has a splendid run-up and given returns to a approx. 93.9% in last 7 months time frame. On charts the script has showing some signs of fatigue and the script may be near its peak. The script may peak out in short term at 4100 odd levels. Script...

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LARSEN & TOUBRO : CMP: 369.35; RSI: 54.61 Larsen & Toubro is one of the best bet in infrastructure sector to ride the Indian Economy growth. Also company is increasing its footprint in global market and bagged few big ticket size order win in last few years form GCC market. As per chart analysis, on weekly time frame its, next target is long term (2 years)...

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ASHOK LEYLAND CMP: 224.26; RSI: 44.52 Ashokl Leyland has entered into Wave-4 downturn and will see retracement till 201-196-183; Fundamentally script is good and should be accumulated below 205 level. Immediate support for the script is at 217 and 206 level. Accumulation Zone : Rs 205- 193; Stop Loss: 183

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SHIPPING CORPORATION OF INDIA; CMP: 205.85; RSI:40.20 Recent correction into the market, because of uncertain environment at home, has given good opportunity for new investor to take a position in the script. The script is in sideways flat consolidation with ABCD correction pattern. Soon the script will be out from the consolidation zone. Its good time to ...

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Titagarh Rail System: CMP 1582.70 (52W High); RSI: 70.03 Chart structure is intact, new impulse wave in formation, 10% upside is still possible in near term. Near Term Targets : 1812-1832 Time Frame: 4 Weeks Accumulation Zone: 1420-1350; Stop Loss: 1300 Long Term Support: 1246 ✅ FOR MORE TRADING IDEAS LIKE THIS, PLEASE LIKE, SHARE, AND FOLLOW MY IDEA STREAM ✅

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BEML cmp:3241; RSI: 40.42 As per wave analysis, BEML has completed ABC correction pattern and at verge of breakout. RSI also suggest the script is at oversold category, the current market sentiment may further break it down in intraday swing of in range of 3075-3224 . This opportunity should be garbbed for fresh entry, those who hold the script should continue...

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InterGlobe Aviation: CMP:4075; RSI: 69.62 Script is availabel at very reasonable price. As per Elliot wave analysis the script is middle of 3rd wave pattern formation, which will strech to the first target of Rs: 4246 & before heading for consolidation. Target 1: 4246 (2 W) ; Target 2: 4745 (2.5M) Accumulation Zone: 3950-4000 ; Stop Loss: 3880

DrPrashantVerma Updated 

TITAGARH : CMP -1098.70, ; RSI: 67.93 Titagrh which has been in bull run and given a compounded returns of 225% return in last 4 quaters. After a 52 week high of 1248, it has been in a corrective ABC (Flat correction - 3-3-5) phase. The current corrective wave B, should culminate to 1244-1255 levels. Recent volatality in the indian market is giving good...